Royal Helium reworks its financing, will use money to fund first helium production facility at Steveville, Alta.
Royal Helium Ltd. announced on Dec. 21 that it has signed term sheets with the Business Development Bank of Canada and a Schedule 1 Bank, acting pari passu for a non-revolving credit facility in the amount of C$15,000,000.
Patchwork Podcast: Year in review with Adam Waterman, talking about The Good, The Bad and The Ugly
Between the turkey and the fixings, find time to watch or listen to this month’s Patchwork Podcast, from New Lloydminster Nissan. Adam Waterman of Baytex Energy joins Kurt Price and Tracy Klotz in the last Patchwork of the year.
Low wind power in Saskatchewan as cold drives up electricity demand
On Tuesday, Dec. 20, SaskPower saw just 1 per cent of its power production come from wind, whereas in recent days that number has been in the six to 10 per cent range.
Wind power production averaged just 39 megawatts, out of a nameplate capacity of 617 megawatts. That’s an average of 6.3 per cent of nameplate capacity.
Canada moves to mandate electric vehicle sales starting in 2026
One-fifth of all passenger cars, SUVs and trucks sold in Canada in 2026 will need to run on electricity under new regulations Environment Minister Steven Guilbeault proposed Wednesday.
By 2030, the mandate will hit 60 per cent of all sales and by 2035, every passenger vehicle sold in Canada will need to be electric.
Alberta issues second “grid alert” in one day, the third in 24 hours, and fifth in three weeks, and sets another demand record
As Alberta’s internal electrical load creeps up again to close to record levels at supper time on Wednesday, Dec. 21, the Alberta Electric System Operator (AESO) issued its second “grid alert” in one day, its third in 24 hours across two days, and its fifth in three weeks. It did this as the grid’s internal load set another record, exceeding the previous record set two days before.
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